Question : In which situation do wages and prices chase each other at a very quick speed?

Option 1: Disinflation

Option 2: Reflation

Option 3: Stagflation

Option 4: Hyperinflation

Question : Which of the following statements is true regarding disinflation?

Option 1: A scenario when inflation is mainly due to inflation of only a few commodities and not of all commodities.

Option 2: An overall decrease in prices over a specific period.

Option 3: A decrease in the rate of inflation in a specific period.

Option 4: A sudden sharp decrease in prices due to unexpected reasons.

Question : The earth rotates on its axis at an inclination of

Option 1: 23 1/2 degree

Option 2: 22 1/2 degree

Option 3: 21 1/2 degree

Option 4: 20 degree

Question : What happens when there is a demand deficiency in an economy?

Option 1: Poverty

Option 2: Stagnation

Option 3: Recession

Option 4: Inflation

Question : If $ (a-b):(b-c):(c-d) =1:2:3$, then what is the value of $(a + d):c$ ?

Option 1: $1:2$

Option 2: $2:1$

Option 3: $4:1$

Option 4: $3:1$